Release time:2023/06/06
Release time:2023/04/03
Release time:2023/04/03
Release time:2023/04/03
Release time:2023/04/03
Release time:2023/02/25
Release time:2022/11/15
Release time:2022/08/11
Release time:2022/07/26
Release time:2022/07/26
Release time:2022/07/23
Release time:2022/07/23
Release time:2022/07/23
Release time:2022/07/23
Release time:2024-04-16From:world-energyView count:624
U.S. oil output from top shale-producing regions will rise in May to the highest level in five months, the U.S. Energy Information Administration (EIA) said in its monthly Drilling Productivity Report on Monday.
Production from the top basins will climb by more than 16,000 barrels per day (bpd) to 9.86 million bpd, the strongest output since December, the EIA said.
U.S. shale oil production, which represents about three-quarters of total U.S. oil output, is rising due to improved well productivity and rebounding activity after a deep freeze in early 2024 forced companies to shut in production.
Oil output in the Permian basin, the largest U.S. shale field straddling West Texas and New Mexico, is due to rise by about 11,500 bpd to 6.17 million bpd, the third highest monthly output on record, the EIA said.
Production in the Eagle Ford in southeastern Texas was forecast to climb to 1.16 million bpd, the highest since November, the EIA said. In the Bakken, output was set to increase by 4,800 bpd to 1.25 million bpd, the strongest since December.
Total natural gas output in the big shale basins will ease to a four-month low of 99.9 billion cubic feet per day (bcfd) in May from 100.2 bcfd in April, the EIA projected.
That compares with a monthly record gas output high of 102.3 bcfd in the big shale basins in December 2023.
U.S. gas production is expected to decline in 2024 as producers reduce drilling activities after prices fell to a 3-1/2-year low in February.
In Appalachia, the biggest U.S. shale gas basin spanning Pennsylvania, Ohio and West Virginia, output is set to slide to a seven-month low of 36.1 bcfd in May from 36.2 bcfd in April. Appalachia output hit a record 37.2 bcfd in December 2023.
However, the EIA expects new Appalachia gas well production per rig to rise to a 28-month high of 28.2 per million cubic feet per day (mmcfd) in May.
If correct, that would be a 15th straight monthly increase in new well production per rig, which peaked at 34.4 mmcfd in Appalachia in December 2020.
Total drilled but uncompleted (DUC) oil and gas wells rose by 9 to 4,522 in March.
Responsible editor:DangGui
Content review:CZG
China Valve Data Center/Email:bd@prcvalve.com
Source:world-energy
NAMCOR signed a development deal with Chevron, granting the US oil giant 80% operational stake in an offshore block in the Walvis Basin. The deal reflects oil companies' excitement over Namibia's new frontier basin, with recent discoveries being the largest this century.
2024/04/30
German PM Olaf Scholz expressed his impression on Sino-German cooperation in hydrogen technology, vowing to deepen friendship and take bilateral ties to new heights. Accompanied by top execs from Siemens, Bayer, Mercedes-Benz, BMW, and Zeiss, Scholz visited a Sino-German JV and water monitoring project in Chongqing, China's SW.
2024/04/15
Xuandong Valve
2023/08/30
Recently, Ouming Valve Group has received identification certificates for new products, including lo
2023/08/08
As an excellent industrial valve manufacturer in China, Lianggong Valve Group has won a reputation i
2023/08/02
Recently, the sixth member conference of the Fluorine Plastic Processing Professional Committee of t
2023/06/06
Rigao Valve Co., Ltd. is a professional manufacturer of Electric, Pneumatic, and Hydraulic larger size high temp., wear-resistant, and erosion Resistant Valves, integrating research and development, manufacturing, and sale
2023/05/08
Green Purity It is the melody of nature. Gain Cheeriness It is the melody of harvest.
2023/04/17
Zhejiang Shuangqiang Valve Co., Ltd. is a high-tech enterprise that integrates scientific research,
2023/04/11
Fluorine lined gate valve advantages overview:1, the fluid resistance is small, sealing surface by m
2023/03/28
Cryogenic Globe Valve is an indispensable spare part of Cryogenic Valve used in Cryogenic or Super Cryogenic medium transmission pipeline.
2023/03/11
Fujia Valve Group cooperated with PRC Media in Feb. 2023, formerly settled into it’s Display Platform.
2023/03/04
Recently, Hangzhou Special Inspection Institute pressure pipeline components expert review group
2023/03/01
Zhejiang Changyi Valve Co., Ltd. is a modern valve enterprise integrating R&D, production and sales
2023/02/25
Zhejiang Fangdun Instrument Valve Co., Ltd., founded in 1991, focusing on the supply of instrument pipe valves for fluid systems.
2023/02/18
Recently, Zhejiang Yonglian Valve Group Co., Ltd. won the National Authorized Invention Patent!It is
2023/02/14
Made in Zhejiang isrecognized by the market and society, whichbased on regional brand, advanced stan
2023/02/07
Recently, the people's Government of Longwan District of Wenzhou City announced the comprehensiv
2022/11/26
Zhejiang Diantai Valve Industry Co., Ltd. was invited to participate in the China (Wenzhou) International Pump and Valve Exhibition, booth No. 1B01-04, invited guests from all walks of life to come and guide!
2022/11/19
$Videostr$Abrasion-Resistance Dual Disc Traps is one of the high-performance products independently
2022/11/11